Alliance Bank SME Loan



Project number:


Business sector:

Financial institutions

Notice type:


Environmental category:


Approval date:

10 Jan 2006



PSD disclosed:

11 Nov 2005

Project Description

The proposed project consists of credit lines of up to USD 15 million in aggregate to Alliance Bank, a universal commercial bank in Kazakhstan. The lines will be for on-lending to private micro and small enterprises under the Kazakhstan Small Business Programme and to medium sized companies.

The project objectives are to enable AB to successfully engage in micro and SME lending throughout its branch network with the help of specialised technical assistance for training and institution building.


Transition Impact

The project transition impact includes the following key aspects:

• Increased financial intermediation in favour of micro, small and medium sized enterprises which face the most difficulties in accessing long term finance, particularly those in rural areas and/or those in the agricultural sector.

• Institutional building at the level of the bank, developing skills and best practices in small business lending.

• Promotion of high standards of corporate governance.


The Client

Alliance Bank, a dynamically developing second-tier bank in Kazakhstan, is headquartered in Almaty and has 13 branches throughout the country.

As of 30 June 2005, with total assets of USD 1,671 million Alliance Bank ranked 5th in Kazakhstan by size of assets.


EBRD Finance

Senior term loans of up to USD 15 million in aggregate for up to 5 years tenor.

Project Cost

USD 15 million.

Environmental Impact

Alliance Bank will be required to comply with EBRD’s Environmental Procedures for local banks, including ensuring compliance with the applicable national environmental, health, safety and labour standards and regulations, adherence with EBRD’s Environmental Exclusion and Referral Lists and submission of annual environmental reports to the Bank.

Technical Cooperation

AB will benefit from the KSBP III technical assistance program which is being supported by USAID and the Japanese government.

Company Contact

Ms Regina Ogatayeva, Director, SME Department

Tel: + 7 3272 584040 ext. 1181
Fax: +7 3272 596787



Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (e.g. through the Client’s Project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews Project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the Mechanism is: to support dialogue between Project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or Project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out how to submit a Request for review through our confidential online form, by email, mail or telephone. IPAM is available to discuss your concerns and answer any questions you may have about the submission or handling of Requests, which follow the Project Accountability Policy and Guidance. Requestors’ identities may be kept confidential, upon request.

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